You have a at an annual percentage rate of 18%.
Use the average daily balance method to find the new balance given the following statement of account.
Billing cycle is June 1-30
June 2 previous month balance $264.74
June 6 purchase $54.95
June 12 payment $112.00
June 15 biggie supermarket (credit) $43.47
June 28 purchase $130.98
